zonte metals

If you look where the deposits are in NWT and north Labrador, they are all very remote, expensive to explore and summer work only. It would also be hard to raise exploration funds for these remote locations, especially the last several years. They probably can be expanded.

That is a big advantage at Cross Hills, year round and road access, power line through property and sea port nearby. Easy terrain. Accommodations nearby in Terrenceville.

None of those deposits are very big?

Ron, next report, the Cross Hills dot will be changed to Orange and hopefully after that to Red

I was looking into IOCG systems and found a new 150 page report with many graphics

publications.gc.ca/collections/collectio...1-11-81-2018-eng.pdf

I will probably use some in an upcoming report, but thought would share a couple here. This one or a version of might have been posted before

Hoss wrote: I have been in countless exploration juniors over the years. I even stayed up in the wee hours drinking with the drillers to try and gain any insight. And I can tell you that nothing is for sure in drilling no matter what anyone says or how good this or that looks.

The Dunns anomalies extend for about 1 kilometer and about 1/2 kilometer wide. If you convert that to city blocks, it is around 75 city blocks and they poked 5 skinny two inch drill holes among those 75 blocks.

Zonte is not going to hit on every hole and in early exploration, it is just important what sections in the anomalies or the rock type does not contain mineralization as the ones that do. It will narrow down targets in the next drill round. Maybe the anomalies are just iron? But with copper on the surface, there has to be a copper source somewhere.

At this point we know that they are planning the next phase of exploration at Dunns, with surveys and a 2nd round drill program. Christopher is very frugal with funds and would not be going to phase 2 unless he is very confident they have something.

I don't know what the stock will do on the drill results news. If they get some copper intersects and prove this has copper mineralization, confirming it is an IOCG, I will buy more stock if it goes down and more stock if it breaks out on the chart to the upside, above 34 cents.

I think the stock has not responded to the upside because this is something new, there are not any IOCG systems in NFLD, and I don't think an economic one anywhere in Canada. There are some good iron deposits but they do not have any copper or gold. The market does not believe Zonte can find one, it is taking a show me stance!!!

Not much new on the weekly cloud chart, but indicators are much closer to over sold than over bought

And happy easter weekend to all!!

The master and wise Hoss has spoken,i read the post 3 times,music to my ears,

also,excellent posts DearJohn,Gambler and others.

You have a point, with regards to phase 2 drill programs. Zonte did not stick around Yukon for another round of drilling.
Hopefully they like what they see here.

flynn wrote: Its a long shot. Only great news will help.
Are you sticking around if the drill results don't come back the way you would like?

No matter the results. it will take a lot more drilling to prove this a yes or a no. I will be sticking around for sure. If ZON does hit some copper on this round. It not only means an IOCG at Dunns, but a new copper belt. There is several more anomalies on this large property and if the first anomaly has copper, the others probably do to

I think the MONT CEO has experience, but handled the drill news pretty bad. If he said they would release assays on each target and they were drilling 3 targets. It makes sense to do it that way, but to hold back results on first target was not ethical at all.

www.juniorminingnetwork.com/junior-miner...ceo-bill-pincus.html


With Zonte, they are only drilled one target in this program, so maybe makes sense to release all results on that target at once??

I have been in countless exploration juniors over the years. I even stayed up in the wee hours drinking with the drillers to try and gain any insight. And I can tell you that nothing is for sure in drilling no matter what anyone says or how good this or that looks.

The Dunns anomalies extend for about 1 kilometer and about 1/2 kilometer wide. If you convert that to city blocks, it is around 75 city blocks and they poked 5 skinny two inch drill holes among those 75 blocks.

Zonte is not going to hit on every hole and in early exploration, it is just important what sections in the anomalies or the rock type does not contain mineralization as the ones that do. It will narrow down targets in the next drill round. Maybe the anomalies are just iron? But with copper on the surface, there has to be a copper source somewhere.

At this point we know that they are planning the next phase of exploration at Dunns, with surveys and a 2nd round drill program. Christopher is very frugal with funds and would not be going to phase 2 unless he is very confident they have something.

I don't know what the stock will do on the drill results news. If they get some copper intersects and prove this has copper mineralization, confirming it is an IOCG, I will buy more stock if it goes down and more stock if it breaks out on the chart to the upside, above 34 cents.

I think the stock has not responded to the upside because this is something new, there are not any IOCG systems in NFLD, and I don't think an economic one anywhere in Canada. There are some good iron deposits but they do not have any copper or gold. The market does not believe Zonte can find one, it is taking a show me stance!!!

Not much new on the weekly cloud chart, but indicators are much closer to over sold than over bought

And happy easter weekend to all!!

market depth, still have that 150k sell ticket

flynn, I think Bob protected his brand. He could not foresee a lie or drill results, but when he learned about it, he told it as it was.

I also noticed that CEO at MONT resigned. I wonder how much past success or experience he has?

Your right gamble there is little speculation in zonte price right now.